SERVICE

NEXUS STUDIES

Following the U.S. Supreme Court's landmark decision in South Dakota v. Wayfair, Inc. in 2018, the sales tax nexus rule has undergone significant changes affecting all businesses. It is crucial to have a clear understanding of your nexus before a state's auditor contacts you. That's why we recommend that you allow our team of tax professionals to examine your nexus carefully. We will conduct a thorough analysis to ensure that your business is compliant with the updated sales tax nexus rule, and we will assist you in identifying and addressing any potential issues that could arise in the future. By being proactive and taking steps to ensure compliance, you can avoid unnecessary penalties and protect your business's financial health. Let us help you navigate the complexities of the updated sales tax nexus rule and provide you with the peace of mind you need to focus on growing your business.

The sales tax nexus is a connection between a seller and a state that requires the seller to register, collect, and remit sales tax to that state. The criteria for determining the sales tax nexus varies according to state law and is established by each state. Currently, over 40 states have implemented the economic nexus rule, and businesses operating in these states must assess their compliance with the law.

At THE ACCOUNTANTS, we strive to become your trusted advisor by offering comprehensive tax services. Our team of tax professionals collaborates with you to evaluate nexus by conducting a thorough nexus study to determine the states where your business operates and may have nexus. We gather extensive information about your online and in-person activities in each state to identify your tax obligations. We also analyze current tax regulations and prepare a report that outlines your tax exposure in each jurisdiction. With our help, you can gain a clear understanding of your tax liabilities and take steps to ensure compliance with state tax laws.

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